Zerodha to earn Rs 2,500 crore from STT hike in Budget 2024: Nithin Kamath | News on Markets

Zerodha, India’s leading discount brokerage firm, is set to earn a whopping Rs 2,500 crore from the Securities Transaction Tax (STT) hike in Budget 2024, according to founder Nithin Kamath. The increase in STT rates will benefit Zerodha as more traders and investors are expected to use their platform for trading activities. This development highlights the company’s strong position in the market and its ability to capitalize on changes in regulatory policies.

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